The government is planning to introduce a revamped version of the Stand-Up India scheme. Launched in 2016, the scheme was designed to support women and SC/ST entrepreneurs by helping them access bank loans to start new businesses. It aimed to encourage first-time entrepreneurs by improving access to credit.
The scheme was in place until March 2025 and has since been reviewed. Based on this review, the government is now preparing an updated version with improved benefits and structure. The focus remains on supporting new entrepreneurs, while making the scheme more suitable for current business needs.
In simple terms, the scheme is being brought back in a revised form to continue supporting small business owners with better support and access.
🔗 Reference: Economic Times Article